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These days, finding an affordable place to live in the Evanston area can be challenging. Home prices in Evanston are now at a median cost of $499,982, higher than the Illinois average of $300,242.
The average cost of rent is $1,936/mo in Evanston, primarily driven by the current value of real estate in the Evanston area. In Evanston, 41.89% of households rent, and 41.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Evanston is $8,997 per month. Households that rent pay about 21.52% of their income on rent here. Evanston’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Skokie, IL: less expensive homes
- Wilmette, IL: higher priced homes
- Kenilworth, IL: higher priced homes
- Lincolnwood, IL: equally priced homes
- Winnetka, IL: higher priced homes
- Morton Grove, IL: less expensive homes
- Golf, IL: higher priced homes
- Northfield, IL: higher priced homes
- Niles, IL: less expensive homes
- Glenview, IL: higher priced homes
Cities with Similar Populations
- Downey, CA: higher priced homes
- Douglasville, GA: less expensive homes
- Dothan, AL: less expensive homes
- Dublin, OH: equally priced homes
- Dublin, CA: higher priced homes
- Des Plaines, IL: less expensive homes
- College Station, TX: less expensive homes
- Detroit, MI: less expensive homes
- Council Bluffs, IA: less expensive homes
- Columbia, MD: equally priced homes
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